THE CONDO BOOK PROJECT

2485 Ocean Avenue Condominium Association

2485 Ocean Avenue, Brooklyn, NY 11229

Overview

Units
12 residential · 10 parking
Subway
7 min walk to Avenue U QNeck Rd Q, 11 min
Offering price
$10.1 million total $9.5 million when first offered

The sponsor of record is Jacobs Developers LLC, represented by S. Seth Yavne, Attorney At Law. The sponsor has filed 4 amendments, the latest in August 2018. The nearest other condo plan on file is Aster Garden Condominium, next door.

Plan CD160163 · New · accepted Jan 11, 2017 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan12 of 12
Closingsfirst and latest recordedDec 21, 2017 – Jan 25, 2019

Sales recorded with the Department of Finance (ACRIS) through Jun 30, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 12 closings
HomeRecordedClosing priceSchedule ADifference
7ADec 21, 2017$774,888one deed, 2 homes——
2BJan 18, 2018$778,961one deed, 2 homes——
7BFeb 8, 2018$750,000one deed, 2 homes——
3AApr 10, 2018$789,144one deed, 2 homes——
4AJul 31, 2018$778,961one deed, 2 homes——
5AJul 31, 2018$794,235one deed, 2 homes——
4BAug 14, 2018$814,600one deed, 2 homes——
6BAug 27, 2018$814,600one deed, 2 homes——
6ANov 9, 2018$830,000one deed, 2 homes——
3BNov 27, 2018$784,053one deed, 2 homes——
5BNov 27, 2018$731,104——
2AJan 25, 2019$712,775——

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Team

Sponsor
Jacobs Developers LLC

From our research: Do NYC Developers Rehire the Same Firms?

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